Search results
Results From The WOW.Com Content Network
Former Pakistan Prime Minister Shaukat Aziz also stated in May 2016 that predicted economic growth from CPEC projects would result in stabilization of Pakistan's security situation, [281] which has also been cited by the World Bank as hindrance to sustained economic growth in Pakistan. [282]
1 January 2020. Phase two intended conclusion. 2024. The China–Pakistan Free Trade Agreement (CPFTA) is a free trade agreement (FTA) between the People's Republic of China and the Islamic Republic of Pakistan that seeks to increase trade and strengthen the partnership between the two countries. [1] [2]
The economy of Pakistan is categorized as a developing economy. It ranks as the 24th-largest based on GDP using purchasing power parity (PPP) and the 46th largest in terms of nominal GDP. With a population of 241.5 million people as of 2023, Pakistan's position at per capita income ranks 161st by GDP (nominal) and 138th by GDP (PPP) according ...
[7] [8] Since China's transition to a socialist market economy through controlled privatisation and deregulation, [9] [10] the country has seen its ranking increase from ninth in 1978, to second in 2010; China's economic growth accelerated during this period and its share of global nominal GDP surged from 2% in 1980 to 18% in 2021.
The Gwadar–Kashgar Crude Oil Pipeline is a planned initiative intending to build a crude oil pipeline connecting Gwadar, Pakistan to Kashgar, China. The project has approximated an investment of a substantial amount, around $10 billion, for the pipeline's construction. The anticipated transmission capacity of the pipeline is projected to ...
The first set of data on the left columns of the table includes estimates for the year 2023 made for each economy of the 196 economies (189 U.N. member states and 7 areas of Aruba, Hong Kong, Kosovo, Macau, Palestine, Puerto Rico, and Taiwan) covered by the International Monetary Fund (IMF)'s International Financial Statistics (IFS) database.
China–Pakistan relations. China–Pakistan relations ( Chinese: 中国—巴基斯坦关系; Urdu: چین پاک تعلقات ), also referred to as Chinese-Pakistani relations or Sino–Pakistani relations, refers to the bilateral relations between the Islamic Republic of Pakistan and the People's Republic of China (PRC). Formal relations ...
These figures have been taken from the International Monetary Fund's World Economic Outlook (WEO) Database (April 2024 edition) and/or other sources. [1] For older GDP trends, see List of regions by past GDP (PPP).